Category Archives: Main Page

Strong dollar and deflation haunt asset prices this Halloween

The Bank of Japan spooked another massive short-covering rally in global stocks today even while central banks are clearly not stimulating the global economy and deflation continues to haunt them with mounting downside to global revenues, GDP, emerging markets, currencies, … Continue reading

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Over-priced financials last leg under Canadian stock market

Four of the big 6 Canadian bank CEO’s are cashing out this year at the top of the Canadian consumer credit bubble. After reaping a fortune working to ramp the country up in debt and financial leverage over the past … Continue reading

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Liar’s poker run rampant

Overnight we heard news of more legal charges coming at Citigroup. The same Citi that’s predecessor National City Bank was central in creating the leverage bubble and crash of 1929; the same Citibank that paid billions in fines for its … Continue reading

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Danielle’s weekly market update

Danielle was a guest today on Talk Digital Network with Jim Goddard, talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.

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Mean reversion continues for emerging markets

From ominous bubble valuations of 2007, emerging market stocks and economies plunged along with other developed markets in the 2008 downturn, once again revealing ‘decoupling’ proponents as dangerous salespeople. On epic stimulus injections from central banks and governments in 2009, … Continue reading

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Emerging markets and commodities in a post-QE world

The US dollar Index continues its ascent this morning as ‘Q’Ever’ draws to a close and global liquidity flows back to the greenback and US Treasuries and out of commodities, emerging markets and other currencies… Over the past six years, … Continue reading

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US has highest adult poverty rate of any OECD country

Good discussion on factors undermining US stability and strength… University of Southern California Professor of Law Ed Kleinbard and Bloomberg View Editor Paula Dwyer discuss inequality and poverty in the U.S.  Here is a direct video link.

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Canada in world’s top 3 most unaffordable housing markets

With a national average home price of 416K (compared the US average of 250K), 5.3X the average household income of $78K, Canada has the distinction of being one of the top 3 least affordable realty markets in the world today.  … Continue reading

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New American dream: rented housing and public transit

One of the most useful strategies for rebuilding financial strength and savings in households is the choice to avoid or pay down debt while renting and taking public transit. Turn key rentals and a bus pass are increasingly being chosen … Continue reading

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Chanos on China’s unfolding credit crunch

Jim Chanos, of Kynikos Associates, discusses evidence of ‘Ponzi’ finance now coming apart in China as well as unwinding effects in the commodities sector. Here is a direct video link.

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Debt weighs on China too

Doubts over China’s unexpectedly strong trade figures are mounting after Hong Kong reported its imports from the mainland. The numbers are far less than what China announced a few weeks back. Here is a direct video link. The Chinese growth … Continue reading

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The truth about the ongoing financial crisis

Excellent article today from All The President’s Bankers’, author, Nomi Prins: “The recent spike in global political-financial volatility that was temporarily soothed by ECB covered bond buying reveals another crack in the six-year-old throw-money-at-the-banks strategies of politicians and central bankers. … Continue reading

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The Known Universe

Lest we forget our place in the universe. A little perspective to start the day. Here is a direct video link.

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Oil services sector beckons the TSX broad market

With the US oil services sector index (OSX) already in a bear market, down 24% since June so far, and falling, thoughtful minds might wonder what if anything this sector’s performance might portend for the broader stock market.  While the … Continue reading

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Thinking about the sugar drug this Halloween week

Last Week Tonight’s Jon Oliver looks at sugar. Here is a direct video link. The aspect I have always found most disturbing is the potentially lasting harm we are inflicting on the health of our youth. I actually see it … Continue reading

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